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Detailed text transcripts for TV channel - MSNBC - 20110730:00:36:00

Understand is if on tuesday morning the treasury does not have enough money to pay its debts torks pay its obligations and pay appropriations that congress has already appropri e appropriated, that puts the president in a tight spot, he can either take on more debt to pay these obligations, which has a constitutional problem, or what he can do is say if the treasury doesn t have enough money, i m going to pick and choose which debts, which obligations, which appropriations i m going to pay. the problem is the supreme court has already specifically held the president does not have that constitutional power. the president cannot pick and choose, so the idea that somehow the president doesn t have the authority to raise the debt ceiling by himself and so what he has to do is pick and choose which debts, obligations, and appropriations to spend creates as many constitutional problems as it solves. the question now is we have a situation where you have a congress that has put the ....

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Detailed text transcripts for TV channel - FOXNEWS - 20100807:13:19:00

Thousands of american lives were saved. but also acknowledging the 100,000 people who died tragically that day. who many of them were no part of the leadership of the japanese attacks that just got mentioned. doesn t make any sense. i mean, it s a good thing to do and frankly, the dropping of that bomb, i think, in commemorating this day is one of the things that has stopped anybody from ever dropping another one. in other words, the people who died that day and what happened that day ended the war but it also set up the war that no one ever wants to see again. i think commemorating that is not a problem. that s a good thing. ambassador scheiffer, japan says they want the u.s. to give up all its nuclear arsenal. they want president obama to visit during the anniversary. does this lay the groundwork for some of those things to happen on the years to come? i don t know about that. i think the united states, every american president since the bomb was dropped has talked ....

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Detailed text transcripts for TV channel - FOXNEWS - 20100807:12:48:00

Private sector emergency we need pay roll tax holiday. you just heard warren. we need a larger deficit right now. is that what we need. that is like telling an alcoholic it is going to be okay. you put water in the swimming pool it doesn t raise the level. what do you do with this mon where does it come from. we are rewarding bad fiscal behavior. why do we do that. warren, it sounds like you are comfortable with the borrow of money and increasing the deficit. why? because we think we are the next greasewe are turning into the japan. u.s. government doesn t have a solvencey issue. it is not constrained by revenue. the person in treasury doesn t have the photocopy number with the person in the i.r.s.. ....

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